Veterinarians at Texas A&M University were interested in learning about the proportion of people in College Station that adopted animals from the Humane Society. The veterinarians had calculated that they needed to sample 1940 people to achieve a specific margin of error with a 99% confidence level. Assuming they believed the population proportion was 0.7, what margin of error did they use to calculate the needed sample size? |
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Do you need the formula for the population mean or population proportion? |
Solution :
Given that,
n = 1940
Point estimate = sample proportion = = 0.7
1 - = 1- 0.7=0.3
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z/2 * (((( * (1 - )) / n)
= 2.576* (((0.7*0.3) /1940 )
E = 0.027
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